meta_pixel
Tapesearch Logo
Log in
Why Is This Happening? The Chris Hayes Podcast

“The Phoenix Economy” with Felix Salmon

Why Is This Happening? The Chris Hayes Podcast

NBCNews

News, Nbcnews, Why Is This Happening?, The Chris Hayes Podcast, Chris Hayes, Politics, Government, Society & Culture, Msnbc, Withpod

4.68.9K Ratings

🗓️ 6 June 2023

⏱️ 53 minutes

🧾️ Download transcript

Summary

We’ve experienced so much personal, social and economic disruption over the past few years. The pandemic reworked how we view some of the most fundamental and predictable aspects of our lives. How will we emerge from all of the trauma and upheaval? Our guest this week points out that part of our recovery will require us embracing the unexpected and a more high-risk world. Felix Salmon is the chief financial correspondent at Axios and hosts the Slate Money podcast. Salmon is also author of “The Phoenix Economy: Work, Life, and Money in the New Not Normal.” He joins WITHpod to discuss the potential of “phoenixes emerging from the ashes” of this moment, the interconnectedness and impact of global climate change on volatility, why he says we should acclimate to increased unpredictability and more.

Transcript

Click on a timestamp to play from that location

0:00.0

There will be another pandemic. There's no way we're going to go another hundred years

0:05.2

without a pandemic. The big risk right now, of course, and the next few years is going

0:11.0

to be the China and Bates Taiwan. We've already had Russia invade Ukraine. And then underneath

0:16.7

all of that is the mother, great big daddy of them all, which is climate change. And

0:23.2

global climate change is going to cause dislocations which make COVID look like a head cold.

0:29.4

And so all of that is going to really profoundly increase volatility and unpredictability. And

0:36.2

we just have to expect that.

0:42.6

Hello and welcome to Wise. It's happening with me, your host Chris Hayes.

0:51.9

A few weeks ago, I got a email from a journalist and writer that I've known for a long time.

0:58.7

He just said the subject line was, this is totally my book, exclamation point. And then

1:04.1

it had a screenshot image of some text and the text said the following. Chris Hayes

1:10.1

hosts an interview podcast, parentheses. It's mostly good. I promise parentheses. And his

1:15.4

stick is COVID in our reaction to it is underutilized as an explanation in almost all facets of

1:21.7

life. Now, I thought this is a very funny comment for a bunch of reasons. It's mostly good

1:27.4

to come. I promise exclamation point and parentheses is one of my favorite reviews of our

1:31.4

podcast. Also describing me as having a stick about COVID, which I don't think I quite

1:36.2

realized until I read this person saying that my stick is that COVID in our reaction to

1:40.2

it is underutilized as an explanation in almost all facets of life. But that's actually

1:44.6

pretty accurate. I think if you listen to this podcast, it's something that I keep coming

1:48.0

back to. There's so much disruption that we've experienced over the last two to three

1:53.1

years. And so much of it kind of memory hold partly, I think, so soon underneath kind

1:57.5

of a collective trauma, a desire to kind of like look at the horizon and not backwards,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from NBCNews, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NBCNews and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.